How to Buy Bitcoin 2025 Edition

We make the process as straightforward as possible, designed to get you trading securely in just a few minutes. Buying Bitcoin is simple in 2025, but navigating the options can be overwhelming for first timers. Our beginner’s guide breaks down the process, from choosing a crypto exchange to storing your BTC securely, so you can buy with confidence. Choose a trading pair, say BTC/USDT, set a market or limit sell order, and execute. Although some providers allow you to purchase Bitcoin by credit card, it’s best to avoid taking on high-interest debt to invest in a risky asset like Bitcoin.

• Buying bitcoin using an ATM is a way to purchase the digital currency in a physical location.
• Best Wallet processes these payment methods instantly, and fees average between 2–3%.
• A former investment strategist, Tyler transitioned to the crypto world early, quickly establishing himself as a trusted voice in the industry.
• Centralized exchanges (CEXs) attract billions of dollars in daily trading volume, with most platform users buying and selling Bitcoin.

You can fund your account using a bank or wire transfer for as little as USD 500. This is also the minimum trade, which means investors can purchase Bitcoin with a small amount of money. Despite its speculative nature and relatively slow and expensive transactions compared to newer cryptocurrencies, some people still use Bitcoin for cross-border payments. The app supports local bank transactions in select countries and international payments via SWIFT.

Cryptocurrency Exchanges

Coinbase is one of the best exchanges in the US for buying Bitcoin and managing a portfolio with its easy-to-use mobile app. This information is collected by the exchange to comply with the international Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. Certain platforms with crypto-to-crypto trading only do not require ID verification; however, there may be limits on the amount that can be withdrawn per day. For additional account security, it is also recommended to activate 2-factor Authentication, which adds another security layer for account login and withdrawal requests. Volatility remains the main risk of buying Bitcoin, as sharp price what is cryptocurrency movements are common.

The Ultimate Beginner’s Guide to Buying Bitcoin Today (8 Smart Ways to Get Started)

Consequently, there are times when exchange rates are more favorable. By appreciating price history and the drivers of the crypto markets, investors can ensure that bitcoin is purchased at historically low prices. Buying bitcoin low then increases the chance of selling bitcoin high in the future.

Not only can you purchase BTC in just a few steps with CashApp, but you can send and receive it just as easily. When you buy these types of Bitcoin-related financial products, you don’t technically own any bitcoin. In July 2025, Finder’s panel of crypto industry specialists shared their predictions for bitcoin’s year-end price. Bitcoin’s price is expected to rise to $145,167 by year-end 2025, according to the average prediction from Finder’s panelists. Using a hot wallet, you get true ownership of your BTC, but these wallets remain connected to the internet, making them more vulnerable to hacks than cold wallets. Finding a suitable exchange to invest in Bitcoin is an important consideration.

What To Consider When Buying Bitcoin

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. Consider investing in bitcoin as part of a wider investment strategy, and talk to a financial advisor if you have any questions about cryptocurrency investing.

These fees are higher than those on most crypto exchanges, especially for purchases under $200. For purchases from $200 to $1,000, the fee drops to 1.8%, and for purchases of $1,000.01 or more, it drops to 1.5%. A crypto wallet is a digital tool that stores your private keys, which are the cryptographic codes that allow you to access and transact with the cryptocurrency that is stored on the blockchain. This fundamental principle of investing is especially true in the volatile crypto market.

One of the key advantages of buying Bitcoin on Best Wallet is seamless, secure storage. Investors don’t need to transfer coins from a third-party exchange, as the wallet adds assets to your balance automatically. Once you’ve chosen your crypto platform, the next step is to create your account.

Best Crypto Exchanges: Top Trading Platforms to Trade Bitcoin in 2025

You’ll be able to buy bitcoins, and some ATMs will allow you to sell them, too, using cash or a debit card. Commissions can be pricey, with some ATMs charging around 20 percent per transaction. Robinhood takes its best trick — no commissions — and applies it to cryptocurrency, but it does charge a spread markup, the exact cost of which it does not reveal. You’ll be able to buy Bitcoin directly and will have access to other digital currencies, too. Of course, you’ll be able to buy stocks, ETFs and options while you’re on the easy-to-use platform, including Bitcoin ETFs. Bitcoin can function either as an investment or a medium of exchange.

Make sure to choose a strong, unique password that includes a mix of uppercase letters, lowercase letters, numbers and special characters. At Interactive Brokers, you’ll be able to buy futures contracts on Bitcoin as well as trade the coin directly. The broker charges $5 per futures contract, which gives you exposure to five bitcoins.

• Buying Bitcoin while at the coffee shop, in your hotel room or using other public internet connections is not advised.
• Hedge With Crypto is an independent publisher that provides objective and free content.
• Bitcoin transactions are verified by crypto miners via a proof of work consensus mechanism.
• Bitcoin can be a risky investment, so it’s important to think carefully about your goals and your strategy before you decide.

However, these wallets aren’t as secure as hardware wallets, because they’re always connected to the internet. Whether it is a good investment depends on an individual’s financial goals, risk tolerance, and personal convictions about its long-term value. The golden rule is to invest no more than a small, manageable portion of your portfolio, ideally no more than 10%. Yes, Bitcoin can be fractionalized to as little as one hundred millionth of a BTC.

What to look for in a crypto platform?

The fees at various crypto exchanges can differ markedly, so it’s worthwhile looking around to find which offers the best combination of price, crypto choice and service. Record and safeguard any new passwords for your crypto account or digital wallet (more on those below). With a hot wallet, Bitcoin is stored by a trusted exchange or provider in the cloud and accessed through an app or computer browser on the internet.

With a passion for innovation and education, he leads CryptoNinjas.net as a reliable source for crypto news and resources. We researched over 25 wallet providers, and overall, we rate Best Wallet as the top choice for beginners. The free mobile app for iOS and Android supports a wide range of local currencies and payment methods like credit or debit cards, e-wallets, and bank transfers. This dynamic offer lets investors buy and store Bitcoin in one safe place.